Dogpatch, I do not have fill a boat with canola - a tandem load at a time when I want works just fine - has for years.
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is the CWB going broke or subsidising the Consumer
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dogpatch,you say:
"the CWB is no different than your local Co-op"
Read the CWB Act. CWB legislation reads that they are required to sell wheat and barley for what they consider as a "reasonable" price.
Read that again. My thoughts might be a bit wobbly today, but I can understand that meant-to-be wobbly legislation.
"reasonable"
Pars
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Pars.....
Actually it was TOM4CWB that called the CWB a Co-op. Not to confuse that with the rest of them, I kind of agreed with him that they were like a coop where at the end of the year, a patronage dividend came back. In the CWB its called a final payment.
A coop is designed by its members to provide goods and services for a reasonable price, and unlike a corporation, the profits are returned to the members that have used the services the coop provided. In a corporation the profits are returned to the shareholders in the form of a dividend too.
Hope that clears things up.
"the CWB is no different than your local Co-op"
Read the CWB Act. CWB legislation reads that they are required to sell wheat and barley for what they consider as a "reasonable" price.
Read that again. My thoughts might be a bit wobbly today, but I can understand that meant-to-be wobbly legislation.
"reasonable"
Pars
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Maybe I'm not clear.
The CWB Act does not read, get the farmer the "best price".
No. It is legislatively mandated to sell the grain for what the CWB thinks is "reasonable". Personal opinions!
If they believe $2.00 is reasonable, that that's the profit you will bank and eat.
And another point: My local co-op courts my membership. The CWB co-op forces, by jail, my participation.
BIG difference. Pars
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